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Minneapolis, MN vs Knoxville, TN

Moving from Minneapolis to Knoxville? Here's what changes — from your equivalent salary to housing ($393,774 → $367,158 median home) and taxes.

Minneapolis vs Knoxville at a glance

Bars scaled to the range across all 200 metros; labels show actual values.

Minneapolis, MN Knoxville, TN Cost-of-living index Minneapolis, MN — Cost-of-living index: 104 104 Knoxville, TN — Cost-of-living index: 92 92 Median home price Minneapolis, MN — Median home price: $394k $394k Knoxville, TN — Median home price: $367k $367k Price per sqft Minneapolis, MN — Price per sqft: $219 $219 Knoxville, TN — Price per sqft: $184 $184 Median rent Minneapolis, MN — Median rent: $1,721 $1,721 Knoxville, TN — Median rent: $1,762 $1,762 Combined sales tax Minneapolis, MN — Combined sales tax: 8.1% 8.1% Knoxville, TN — Combined sales tax: 9.6% 9.6% Property tax rate Minneapolis, MN — Property tax rate: 1.10% 1.10% Knoxville, TN — Property tax rate: 0.53% 0.53% Violent crime /100k Minneapolis, MN — Violent crime /100k: 280 280 Knoxville, TN — Violent crime /100k: 600 600 Electricity ¢/kWh Minneapolis, MN — Electricity ¢/kWh: 16.4 16.4 Knoxville, TN — Electricity ¢/kWh: 14.9 14.9 Avg commute (min) Minneapolis, MN — Avg commute (min): 25 25 Knoxville, TN — Avg commute (min): 24 24 Avg summer high °F Minneapolis, MN — Avg summer high °F: 83° 83° Knoxville, TN — Avg summer high °F: 89° 89° Avg winter low °F Minneapolis, MN — Avg winter low °F: 4° Knoxville, TN — Avg winter low °F: 30° 30°

To keep the same standard of living as $100,000 in Minneapolis, MN, you'd need about $88,430 in Knoxville, TN (−$11,570).

Livability — Minneapolis, MN: 54 · Knoxville, TN: 68 (0–100).

What your home budget buys

A $500,000 home budget gets you about 2,285 sqft in Minneapolis vs 2,723 sqft in Knoxville ($219 vs $184 per sqft).

Annual cost breakdown (at $100,000)

CategoryMinneapolis, MNKnoxville, TNDifference
Housing $20,652 $21,144 +$492
Groceries $5,227 $4,715 −$512
Transportation $3,375 $3,130 −$245
Utilities $1,776 $1,608 −$168
Insurance $2,200 $2,200 +$0
Taxes $16,345 $4,576 −$11,769
Total $49,575 $37,372 −$12,203

Side by side

MetricMinneapolis, MNKnoxville, TN
Cost-of-living index104.392.2
Unemployment rate3.90%4.24%
Population growth (5-yr)4.3%2.5%
Air quality (median AQI)4752
Big Mac price (est.)$5.93$5.25
Median home price$393,774$367,158
Home price ÷ income4.2×5.5×
1-yr home appreciation2.1%1.8%
Price per square foot$219$184
Median rent$1,721$1,762
Total tax burden (% income)12.1%7.6%
Combined sales tax8.10%9.55%
Capital gains tax9.85%None
Property tax rate1.10%0.53%
Healthcare (annual)$6,800$6,300
Childcare (annual, infant)$16,000$9,000
Vehicle property tax1.58%None
Avg commute (min)2524
Home insurance / yr$2,200$2,200
Auto insurance / yr$1,600$1,600
Flood insurance / yr$600$700
Earthquake insurance / yr$100$350
Electricity ¢/kWh16.414.9
Gas $/gal3.152.95
Violent crime /100k280600
Avg summer high °F8389
Avg winter low °F430
Permit difficulty (1–5)32

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